KANSAS CITY, Mo. — A preliminary development plan for the former Sprint world headquarters campus was submitted Wednesday to the city of Overland Park.
Occidental Management, a Wichita-based commercial real estate development firm, bought the 17-building, 200-acre campus in July 2019 for roughly $251 million.
T-Mobile, which recently merged with Sprint, has indicated that it plans to keep a presence at the property, but Occidental said the property will be renamed as part of the development process.
Initial development plans include incorporating the existing 4 million square feet of office space with “an additional 2.7 million square feet of office, retail, restaurant and multi-family housing space throughout the mixed-use development,” the company said Wednesday in a release about the plan.
“The vision includes a place for all people — it will be a diamond in the Midwest that attracts innovative companies to migrate their headquarters to the region,” Occidental Management Chairman and CEO Gary Oborny said. “But it will also serve as a community gathering space for people of all ages and interests.”
The Overland Park City Council would have to sign off on any development plan, which is expected to take several months.
According to Occidental, “the community can anticipate a series of announcements leading into 2021.”
Occidental also owns and operates the Overland Park Xchange at 6800 W. 115th St., in addition to numerous developments in Wichita.